UBS Asset Management (UBS AM) Real Estate & Private Markets (REPM) has raised $135.8 million for its core, open-end U.K. diversified fund
UBS AM REPM said the funds raised have been strategically allocated to a number of key initiatives across the portfolio, including investment into a new life science campus development, the acquisition through developing funding of a prime last mile logistics facility in an undersupplied area in Leeds, and the development of a pre-leased supermarket.
“This new investment crucially enables us to deploy capital into identified growth sectors, diversifying the portfolio and ensuring that it is well positioned to adapt to the challenges within the macro environment, as well as the structural and regulatory changes evident across the real estate market,” said Oliver Abram, portfolio manager at UBS Asset Management. “Investing into existing assets to create value is a key element of our strategy together with a focus on sustainab
